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Spain: EIB invests €50 million in Wenea to deploy over 470 charging stations

Spain: EIB invests €50 million in Wenea to deploy over 470 charging stations The EIB financing will support Wenea’s €100 million plan to increase long distance mobility in Spain, placing the company as a leading operator in the (ultra)fast segment in the country. Last update: Author: PetrolPlaza Correspondent Pablo Plaza The European Investment Bank (EIB) and Wenea, via Nordian CPO, a company owned by Diggia Group that provides services for electric vehicles, are joining forces to strengthen long-distance and interurban electric mobility in Spain. The EU bank will provide €50 million to Wenea via Nordian CPO, enabling the Spanish company to carry out an investment of around €100 million to increase long distance mobility in Spain.

Road to Apple s electric car future may be long and winding, analysts say

SHARE Apple s plans to develop an electric car could take longer to spark into life than the company is anticipating, but the consumer electronics giant could acquire niche technology firms to speed up its arrival, analysts said. Reports emerged last week that Apple, one of the world s most valuable companies, is planning to produce its first electric vehicle by 2024. “Apple car specifications have yet to be finalised … it won’t be surprising if the vehicle s launch timeframe is pushed out to 2028 or later,” Neil Campling, co-head of Mirabaud Securities’ Global Thematic Group, told The National. “There is a lot of uncertainty about the suppliers, specifications and also around Apple s own competitiveness in the EV and self-driving market … even if development starts this year and goes as per the plan, it would take years to get all the requirements in place,” he added.

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